Ripple partners with Lemonway, Xbaht to bring ODL payments to Europe
With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, Ripple has partnered with Lemonway and Xbaht to leverage its On-Demand Liquidity (ODL ) solution to offer crypto payments to customers in France and Sweden.
Paris-based payment provider Lemonway will utilize Ripple’s ODL to enable crypto payment for businesses in France, while Swedish money transfer provider Xbaht will facilitate money transfers between Sweden and Thailand. According to Ripple’s press release on Oct. 11, the new partnerships will eliminate the need for Lemonway and Xbaht to pre-fund their accounts when making transactions abroad. The ODL solution will help address cross-border payment problems.
Source
https://t.me/Cronos_Cardano_Ripple
